Hanover Insurance Group Inc.

The Hanover Theatre for the Performing Arts has taken a step toward expanding Worcester's theater district with the purchase of a three-story building adjacent to its downtown location.

Fresh off a strong quarter, Hanover Insurance Group of Worcester declared a quarterly stock dividend of 37 cents per share to stockholders of record as of the market close on Sept. 12.

Driven by what is said were “strong price increases” for its personal and commercial lines, The Hanover Insurance Group Inc. Thursday reported a bump in both revenue and net income for the second quarter.

The Hanover Insurance Group reported a 5.4-percent jump in first-quarter revenue and a 15-percent increase in operating income in spite of tougher winter weather that can lead to higher insurance claims from property damage.

Five top executive officers of the Hanover Insurance Group are being paid bonuses for last year that total nearly $3.7 million, according to a report the Worcester-based company filed last week with the U.S. Securities and Exchange Commission.

The Hanover Insurance Group of Worcester on Thursday released its fourth-quarter earnings report, posting net and operating income gains over 2012 thanks to strong price increases in both commercial and personal lines, according to the company.

Third-quarter profits nearly doubled at The Hanover Insurance Group Inc. of Worcester due to growth in its commercial lines, the company said Wednesday.

The Hanover Insurance Group, based in Worcester, has joined a national insurance agent partnership to strengthen its bonds within the industry.

The Hanover Insurance Group of Worcester more than doubled its second-quarter, posting net income of $53.4 million, or $1.19 per share, the company reported.

A.M. Best Co. has affirmed the financial strength rating of “A” for The Hanover Insurance Group of Worcester and its subsidiaries, the New Jersey-based ratings firm said.